KEY FINDINGS
The North American haptic technology market is anticipated to register a CAGR of 13.60% over the estimated period, 2020-2028. One of the factors propelling the market growth in the region is the increasing adoption of haptic technology in consumer electronics devices.
MARKET INSIGHTS
The market growth in North America is studied based on countries such as the United States and Canada. Canada is one of the largest producers of consumer electronics in the world. The free trade agreements with the United States always keep the production and assembly of consumer electronics in the country active. Growing demand for smartphones and wearable devices is anticipated to drive the demand for haptic technology in the country.
Haptic technology is gaining various solutions for smart devices. Smart wearables are also gaining popularity in the country. The growing economic stability and high living standards have led to higher disposable incomes in the nation. The availability of smart wearables from various brands at affordable prices, that provide health information is one of the major reasons for health-conscious Canadians to switch to smartwatches.
Companies are investing in touch screen technology in the country. For example, A D Metro introduced projected capacities touch screen displays with common controllers that serve a range of PCAP touch sensor sizes and formats. The PCAP touch screen product line with its range of standard sensor sizes can reduce the minimum order quantities and the non-recurring engineering expenses. Besides, Canada is one of the pioneers in robotic-assisted surgeries. In 2010, the world's first all-robotic surgery was performed in Canada. Haptic technology plays a significant role in giving feedback regarding resistance, thereby help the doctor by giving correct navigation.
COMPETITIVE INSIGHTS
3D Systems Corporation, ON Semiconductor Corporation, Immersion Corporation, Microchip Technology Incorporated, Johnson Electric Holdings Limited, etc. are some of the well-known companies operating in the market.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Haptic Technology Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Increasing Adoption Of Haptics In Consumer Electronic Devices
3.2.2. Growing Demand For Haptics In Gaming Consoles
3.2.3. Haptic Technology In Automotive Safety Applications
3.2.4. Growing Use Of Touch Screen Interfaces
3.3. Key Restraints
3.3.1. Declining Adoption Of Force Feedback Haptic Technology Due To High Cost
3.3.2. High Power Consumption
3.3.3. Technical Challenges Related To Product Design
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
5. Market Feedback Type
5.1. Tactile
5.2. Force
6. Market By Components
6.1. Actuators
6.2. Drivers & Controllers
6.3. Software
6.4. Others
7. Market By Application
7.1. Consumer Electronics
7.2. Engineering
7.3. Gaming
7.4. Automotive & Transportation
7.5. Education & Research
7.6. Healthcare
7.7. Others
8. Geographical Analysis
8.1. North America
8.1.1. United States
8.1.2. Canada
9. Company Profiles
9.1. 3d Systems
9.2. Densitron Technologies
9.3. Force Dimension
9.4. Haption S.A.
9.5. Imagis
9.6. Immersion Corporation
9.7. Johnson Electric Holdings Limited
9.8. Microchip Technology Incorporated
9.9. On Semiconductor Corporation
9.10. Precision Microdrives Ltd.
9.11. Senseg Oy
9.12. Smk Corporation
9.13. Synaptics Incorporated
9.14. Texas Instruments, Inc
9.15. Ultraleap
List of Tables
Table 1: Market Snapshot - Haptic Technology
Table 2: North America Haptic Technology Market, Feedback Type, Historical Years, 2016-2019 (In $ Million)
Table 3: North America Haptic Technology Market, Feedback Type, Forecast Years, 2020-2028 (In $ Million)
Table 4: North America Haptic Technology Market, By Components, Historical Years, 2016-2019 (In $ Million)
Table 5: North America Haptic Technology Market, By Components, Forecast Years, 2020-2028 (In $ Million)
Table 6: North America Haptic Technology Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 7: North America Haptic Technology Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 8: North America Haptic Technology Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 9: North America Haptic Technology Market, By Country, Forecast Years, 2020-2028 (In $ Million)
List of Figures
Figure 1: Key Investment Insights
Figure 2: Porter's Five-Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Value Chain Analysis
Figure 6: North America Haptic Technology Market, Growth Potential, Feedback Type, In 2019
Figure 7: North America Haptic Technology Market, By Tactile, 2020-2028 (In $ Million)
Figure 8: North America Haptic Technology Market, By Force, 2020-2028 (In $ Million)
Figure 9: North America Haptic Technology Market, Growth Potential, By Components, In 2019
Figure 10: North America Haptic Technology Market, By Actuators, 2020-2028 (In $ Million)
Figure 11: North America Haptic Technology Market, By Drivers & Controllers, 2020-2028 (In $ Million)
Figure 12: North America Haptic Technology Market, By Software, 2020-2028 (In $ Million)
Figure 13: North America Haptic Technology Market, By Others, 2020-2028 (In $ Million)
Figure 14: North America Haptic Technology Market, Growth Potential, By Application, In 2019
Figure 15: North America Haptic Technology Market, By Consumer Electronics, 2020-2028 (In $ Million)
Figure 16: North America Haptic Technology Market, By Engineering, 2020-2028 (In $ Million)
Figure 17: North America Haptic Technology Market, By Gaming, 2020-2028 (In $ Million)
Figure 18: North America Haptic Technology Market, By Automotive & Transportation, 2020-2028 (In $ Million)
Figure 19: North America Haptic Technology Market, By Education & Research, 2020-2028 (In $ Million)
Figure 20: North America Haptic Technology Market, By Healthcare, 2020-2028 (In $ Million)
Figure 21: North America Haptic Technology Market, By Others, 2020-2028 (In $ Million)
Figure 22: North America Haptic Technology Market, Regional Outlook, 2019 & 2028 (In %)
Figure 23: United States Haptic Technology Market, 2020-2028 (In $ Million)
Figure 24: Canada Haptic Technology Market, 2020-2028 (In $ Million)
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